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Indonesian (IDX) Steel Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies8
  • 7D8.9%
  • 3M-3.1%
  • 1Y112.7%
  • YTDn/a

All of the companies in the Steel industry have been up over the last week, with the industry up 8.9%. In the last 12 months, the industry was up 113%. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026Rp95.0tRp47.2tRp10.3t12.7x9.3x2x
Sat, 14 Mar 2026Rp93.9tRp47.4tRp5.5t9.1x16.9x2x
Mon, 09 Feb 2026Rp86.8tRp48.0tRp6.1t10.1x14.3x1.8x
Wed, 07 Jan 2026Rp90.1tRp47.8tRp6.0t12.1x15x1.9x
Fri, 05 Dec 2025Rp68.8tRp47.5tRp6.0t10.2x11.5x1.4x
Sun, 02 Nov 2025Rp71.6tRp48.0tRp6.7t10.4x10.7x1.5x
Tue, 30 Sep 2025Rp55.5tRp47.7tRp2.5t11.2x21.8x1.2x
Thu, 28 Aug 2025Rp55.8tRp48.5tRp3.5t11.8x16.1x1.2x
Sat, 26 Jul 2025Rp59.2tRp44.4tRp4.1t10.5x14.5x1.3x
Mon, 23 Jun 2025Rp50.3tRp44.6tRp4.1t10.6x12.3x1.1x
Wed, 21 May 2025Rp46.8tRp44.6tRp4.1t11.6x11.4x1x
Fri, 18 Apr 2025Rp45.3tRp52.0tRp4.0t6.8x11.4x0.9x
Sun, 16 Mar 2025Rp46.2tRp52.5tRp4.1t7.1x11.3x0.9x
Tue, 11 Feb 2025Rp42.9tRp56.1tRp6.0t4.1x7.2x0.8x
Thu, 09 Jan 2025Rp52.2tRp55.6tRp5.9t5.1x8.8x0.9x
Sat, 07 Dec 2024Rp63.1tRp54.7tRp5.8t6.5x10.9x1.2x
Mon, 04 Nov 2024Rp71.3tRp53.4tRp5.8t6.2x12.4x1.3x
Wed, 02 Oct 2024Rp77.0tRp55.0tRp6.8t7x11.3x1.4x
Fri, 30 Aug 2024Rp67.7tRp55.6tRp6.9t6.6x9.8x1.2x
Sun, 28 Jul 2024Rp67.8tRp57.7tRp6.7t7x10.1x1.2x
Tue, 25 Jun 2024Rp65.3tRp65.6tRp7.0t6.8x9.4x1x
Thu, 23 May 2024Rp67.8tRp67.6tRp7.0t7x9.6x1x
Sat, 20 Apr 2024Rp69.5tRp68.8tRp6.5t8x10.7x1x
Mon, 18 Mar 2024Rp68.9tRp66.9tRp6.3t8.1x11x1x
Wed, 14 Feb 2024Rp72.5tRp65.7tRp3.8t10.5x19x1.1x
Fri, 12 Jan 2024Rp68.3tRp65.6tRp3.8t11.3x17.9x1x
Sun, 10 Dec 2023Rp68.8tRp65.6tRp3.8t11x18x1x
Tue, 07 Nov 2023Rp65.6tRp70.7tRp4.6t9.4x14.3x0.9x
Thu, 05 Oct 2023Rp68.7tRp70.6tRp4.5t9.2x15.4x1x
Sat, 02 Sep 2023Rp70.5tRp69.2tRp4.4t10.2x16.1x1x
Mon, 31 Jul 2023Rp53.6tRp76.2tRp6.0t7.8x8.9x0.7x
Wed, 28 Jun 2023Rp51.4tRp77.7tRp7.6t7.2x6.8x0.7x
Fri, 26 May 2023Rp47.4tRp77.2tRp7.5t6.6x6.3x0.6x
Sun, 23 Apr 2023Rp60.9tRp77.4tRp7.7t6.2x7.9x0.8x
Price to Earnings Ratio

7.9x


Total Market Cap: Rp60.9tTotal Earnings: Rp7.7tTotal Revenue: Rp77.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.3x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 10% per year over the last three years.
  • Meanwhile revenues for these companies have declined 15% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market6.64%
Materials11.48%
Metals and Mining2.58%
Steel8.95%
Aluminum4.13%
Diversified Metals and Mining2.70%
Gold1.96%
Copper1.36%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Alamtri Minerals IndonesiaRp1.93k9.7%
+Rp6.9t		114.4%PE17x
KRAS Krakatau Steel (Persero)Rp308.006.2%
+Rp348.2b		154.5%PE1.1x
NIKL Pelat Timah NusantaraRp316.0012.9%
+Rp90.8b		46.3%PE47.8x
LABA Green Power GroupRp154.0042.6%
+Rp50.8b		8.5%PE45.7x
GGRP Gunung Raja PaksiRp294.000.7%
+Rp24.2b		n/aPS1.1x

Latest News

ADMR
Rp1,930.00
Alamtri Minerals Indonesia
7D
9.7%
1Y
114.4%
LABA
Rp154.00
Green Power Group
7D
42.6%
1Y
8.5%
GGRP
Rp294.00
Gunung Raja Paksi
7D
0.7%
1Y
n/a
KRAS
Rp308.00
Krakatau Steel (Persero)
7D
6.2%
1Y
154.5%
BTON
Rp386.00
Betonjaya Manunggal
7D
3.2%
1Y
-8.1%
GDST
Rp102.00
Gunawan Dianjaya Steel
7D
2.0%
1Y
30.8%
BAJA
Rp162.00
Saranacentral Bajatama
7D
4.5%
1Y
105.1%
NIKL
Rp316.00
Pelat Timah Nusantara
7D
12.9%
1Y
46.3%
ISSP
Rp484.00
Steel Pipe Industry of Indonesia
7D
-1.2%
1Y
74.1%